A motivated local purchaser looking to add on to a successful people business

Code: LP0220
Country of Origin: Australia
Target Industry: N7212 Labour Supply Services

Listing Type: Retained Listing
Purchasing Entity: Private Company
Exposure To Industry: B – Mining – L7862 – Temporary Staff Services

Description
A local West Australian business with a strong management team is looking to grow by acquisition. After 5 years of organic growth their labour hire business they are seeking to make an acquisition that will assist in the continued growth and provide synergy to their business.The target business will bring value through the retention of a good management skill team will be retained after the acquisition and the ability to add on and compliment the existing business initiatives. It also hoped that the target will have reliable business records (financial and otherwise) in order to demonstrate past performance.The target business would be involved in labour hire (short or long term) or plant and equipment hire, with exposure to the mining industry and the resources sector.The purchaser has strong relationship with their finance broker and has already explored financing options with their broker should the right target come along. The Purchaser is looking to spend up to $10million and has assets and existing business performance to provide good security for a financier.We look forward to hearing from you if your business meets these target parameters.

Number of Employees: N/A
Turnover: N/A
Profitability: N/A
Purchase Price: $10m<